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Taking control of the Sakhalin 1 oil and gas project is one of Putin's latest directives
A new operator for the Exxon Mobil Corp.-led Sakhalin-1 oil and gas project in Russia's Far East was established by a decree signed by Russian President Vladimir Putin on Friday.
Putin's action, which affects Exxon's largest investment in Russia, is similar to the method he ...
LATEST RESOURCES BOOM OF AUSTRALIA IS DRIVING A SURGE IN IPOs
Highlights:
- The boom in the latest resources of Australia has been driving an increase in the IPOs
- Australia has been leveraging off the strength of the country as a mining powerhouse
Australia has been leveraging off the strength of...
TAIWAN’S LATEST PASSPORT DISPELS ANY LIKENESS TO CHINA
- Taiwan dished out a freshly made passport on Monday that gives greater bearing to the island's name on a daily basis.
- This is done with an aim to dispel complications with China amid the Covid-19 pandemic and Beijing's ramped- up instances to assert sovereignty. <...
JAPAN’S CABINET OFFICE RELEASES THE LATEST MONTHLY REPORT OF THE ECONOMY
Highlights –
- Japan’s Cabinet Office releases the latest monthly report of the economy.
- The government reported the economy showing signs of recovery for the month of August.
- The government has considered 11 major components to ...
AIR INDIA EMPLOYEE ON DELHI-LUDHIANA FLIGHT TESTS POSITIVE FOR COVID-19
Highlights
• All the passengers on the board were sent to mandatory home quarantine
• On Tuesday, a passenger on IndiGo's Chennai-Coimbatore tested positive for the coronavirus
Nearly 40 passengers on Air India’s Delhi-Ludhiana flight were sent to...
AMERICAN PETROCHEMICAL INDUSTRY SPIRALS DOWNWARDS AFTER A GILDED DECADE
Highlights:
- The global market is facing an abundant excess of petrochemicals, causing prices to fall and causing an inventory burdening.
- By the end of 2020, ongoing petrochemical projects will add a total of about 11 million metric tons per year of ne...
KEY ADJUSTMENTS FOR BUSINESS TRAVELERS AND MANAGERS AMID COVID-19 OUTBREAK
Highlights:
- The global spread of the deadly coronavirus, now named Covid-19, has increased the responsibility of travel managers to ensure the health and well-being of all its traveling employees.
- The epidemic will likely spark a detailed review of co...
CLEARVIEW AI MEETS WITH INCREASED SUSPICION OVER FACIAL RECOGNITION TECHNOLOGY
Highlights:
- Advanced technology may help catch criminals but could be weaponized against innocent civilians or people critical of the agencies that use it, warn tech analysts.
- Facial recognition technology could convert into an invasion of privacy and...
NEW CHEMICAL PROJECT FOR PFAS CLEANUP PROGRAM APPROVED BY U.S SENATE
Highlights:
- The House and Senate have recently agreed on funding for an extensive cleanup program at the Florida State Fire College, scrubbing and cleansing the sites contaminated by polyfluoroalkyl and perfluoroalkyl.
- Also known as ‘forever che...
SINGAPORE’S PETROCHEMICAL SECTOR DROPS IN DEMAND, OUTPUT DOWN BY 29%
Highlights:
- Increased COVID-19 cases and new regulations imposed on imports continue to cause supply chain delays and disruptions for manufacturers in almost every industry.
- The petrochemical sector in Singapore is more likely to suffer from a drop in...
10 BEST LATVIA-BASED STARTUPS WITH A PROMISING BUSINESS FUTURE
Highlights:
- Latvia saw a boom of promising start-ups that show significant potential to be top players in the tech world within a few years’ time.
- According to Baltic stakeholders and market experts, Latvia-based startups are currently under the...
NEW SOLAR CELL TECHNOLOGY BOOSTS AFFORDABILITY, PERFORMANCE OF AVERAGE SOLAR PANELS
Highlights:
- Researchers from the CU Boulder invented an economical, energy-efficient solar cell by layering cells and using a unique combination of elements.
- The new-age, multi-layered solar cell has one of the highest power-conversion efficiencies to...
HYUNDAI’S SECOND-GENERATION CRETA SUV TO HAVE OVER 50 CONNECTIVITY FEATURES
Highlights:
- The 2020 Hyundai Creta launch is ready to be launched in India on March 17. The auto industry gears up to see the competition in the SUV segment become fiercer.
- Just like the automobile manufacturer's several recently-launched vehicles...
RUSSIAN PETROCHEMICAL SECTOR ANXIOUS OVER DEBATES REGARDING NEGATIVE EXPORT DUTIES
Highlights:
- The Russian government was supposed to decide on the sources of financing weeks ago, in the month of February.
- Officials at Sibur said the decision on the subsidy will be a key factor in deciding if the company goes ahead with its plans fo...
SAUDI-RUSSIA ALLIANCE UNDER PRESSURE AS COVID-19 CONTINUES TO SAP GLOBAL OIL DEMAND
Highlights:
- Several major OPEC and non-OPEC producers (referred to as OPEC+) to meet in Vienna, Austria today.
- All parties are expected to agree on a deeper round of oil production cuts in an effort to stabilize prices, despite uncertainty over the sc...
STARBUCKS TO HALT THE USE OF PERSONAL CUPS AT ITS STORES IN ITS BATTLE AGAINST COVID-19
Highlights:
- Environmentally conscious caffeine lovers will not be permitted to bring their own mugs for the next few weeks.
- On Wednesday, Starbucks announced it is temporarily suspending the use of personal cups and tumblers at all its stores to help ...
SCIENTISTS WARN MORE MUTATING CORONAVIRUSES MAY BE COMING IN NEAR FUTURE
Highlights:
- Although healthcare officials are battling to control the outbreak of coronavirus, researchers in China found that COVID-19 is mutating.
- There are at least two types of the virus at present, more types of the deadly virus may be detected i...
CHINESE FIRMS DEVELOP AUTOMATED TECHNOLOGY IN THEIR BATTLE AGAINST COVID-19
Highlights:
• President Xi Jinping has repeatedly called for the country's tech sector to join federal forces and help battle the widespread disease caused by the novel virus.
• In order to minimize the risk of cross-infection of the COVID-19, se...
EAGER CUSTOMERS STAND IN 100-METER LONG QUEUE OUTSIDE CHINA’S TRENDING BOBA BUBBLE TEA SHOP
Highlights:
• Now viral on social media, several Boba Bubble Tea shops have attracted hundreds of eager customers who queued up in a 100-meter long line.
• The customers had to wait for more than two hours to receive their orders for the beverage, a ...
CORONA VIRUS UPDATE 18.02.2020
- Total death toll at 1868
- 98 new deaths
- 93 death at Hubei alone
- Corona virus-infected and confirmed cases: 72,436
- Total number of newly infected people in Hubei at 1807
- Hubei’s infected person’s total tally at 59, 989...